How Health Coverage Affects Your 2020 Taxes
[Pages:2]How Health Coverage Affects Your 2022 Taxes
If you had a Marketplace plan in 2022, you must file a 2022 federal income tax return. The steps you take depend on your eligibility for a premium tax credit. Find your situation below for more information.
people in your household. If you think any information is wrong, visit tax-form-1095 to find out how to get a corrected Form 1095-A.
If you had a plan and used premium tax credits to lower your monthly payments, you must file a federal tax return and "reconcile" your premium tax credit. This means you'll compare the amount you used to lower your monthly premium costs with the actual amount of financial help you qualify for, based on your final income for the year.
I had a Marketplace plan in 2022
You'll get a Form 1095-A in the mail at the address listed on your application. Use this form when you file your federal taxes.
You also can download and print a copy of your Form 1095-A. Visit and log into your Marketplace account. Then open your 2022 application and select "Tax forms." Wait to file your income tax return until you get your 1095-A.
When you have your Form 1095-A, make sure the information on it matches your records. Confirm the start and end date of your coverage and the number of
n If there's a difference, it will affect your refund or what you owe when you file your taxes.
n If you don't file a tax return and reconcile, you won't be eligible to get financial help in the Marketplace in the future.
n Visit taxes-reconciling for more on how to reconcile your premium tax credit.
I had a 2022 Marketplace plan, but didn't qualify for (or didn't apply for) a premium tax credit
Your 1095-A should have the number "0" in Part III, Column C, if you paid full price for your Marketplace
plan. You can check if you qualify for a premium tax credit based on your final income for the year. To do this:
n Visit tax-tool to find the premium for the "second lowest-cost Silver plan" (SLCSP) that applied to you that year.
For more information
n For more information about how your Marketplace coverage will affect your taxes, visit taxes or call the Marketplace Call Center at 1-800-318-2596. TTY users can call 1-855-889-4325.
n Use this information to fill out IRS Form 8962 (available at pub/irs-pdf/f8962.pdf).
n When you're done, you'll find out if you qualify for a premium tax credit based on your income.
n Many people with Marketplace coverage can get free help with filling out their taxes. This may include free access to tax software programs or free in-person assistance. For more information, visit freefile or VITA.
n If you qualify, you must include your completed Form 8962 with your income tax return. Your credit will either increase your refund or what you owe when you file your taxes.
n If you have questions about your taxes, visit .
You don't need to take the above steps if you're sure you don't qualify for a premium tax credit. Keep your Form 1095-A with your other tax records.
I didn't have health coverage last year
Depending on your state, you may owe a fee when you file your state taxes if you:
n Live in a state that had its own individual health insurance mandate in 2022 and
n Didn't have qualifying coverage (or an exemption).
Check with your state's tax department or your tax preparer to find out if there's a fee for not having health coverage.
You have the right to get Marketplace information in an accessible format, like large print, braille, or audio. You also have the right to file a complaint if you feel you've been discriminated against. Visit about-cms/ agency-information/aboutwebsite/cmsnondiscriminationnotice, or call the Marketplace Call Center at 1-800-318-2596 for more information. TTY users can call 1-855-889-4325.
HOW CAN I LEARN MORE?
To learn more about coverage through the Marketplace or
your benefits and protections, visit or call the
Marketplace Call Center at 1-800-318-2596. TTY users can call
1-855-889-4325.
CMS Product No. 11876 December 2022
This product was produced at U.S. taxpayer expense.
Health Insurance Marketplace? is a registered service mark of the U.S. Department of Health & Human Services.
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